SSM Forms vs Sections

Confused about the application of 'Form' and 'Section' in SSM documents post the 2016 Company Act revision?
No need to worry – we've got you covered.

As we adapt to the changes introduced by the 2016 Company Act update, the terms 'Form' and 'Section' have become pivotal in company documentation. But what exactly do they signify?

The 2016 update brought about a significant transformation, incorporating both 'Form' and 'Section' into the documentation landscape. You might be wondering: when should you use 'Form,' and when is 'Section' the appropriate choice? This common question finds its answers here.
Whether you're a business professional, an entrepreneur, or simply curious about these changes, keep this information at your fingertips. The next time you're uncertain, you'll have your confusion cleared and your queries addressed.

How to Determine if Your Company's Document is a Form or a Section?
To ascertain whether your company's document falls under the category of 'Form' or 'Section,' you'll need to identify the legislation under which your company is registered:

For Companies Registered Under the 1965 Companies Act:
If your company was registered under the 1965 Companies Act, the documents you'll be dealing with are referred to as 'Forms' (old forms). These forms were utilized under the previous legislation.

For Companies Registered Under the 2016 Companies Act:
If your company was registered under the 2016 Companies Act, the documents you'll encounter are labeled as 'Sections' (new forms). These sections align with the revised legislation and its updated requirements.

SSM Forms & Sections Comparison:
【Certificate of Incorporation】Form 9  >>> Section 15 + Section 17
【Notice of Situation of Registered Office】Form 44  >>> Section 14 + Section 46(3)
【Notification of Change in Register Of Directors, Managers & Secretaries】Form 49  >>> Section 14 + Section 58 & 236(2) + Section 58
【Certificate of Change of Name of Company】Form 13  >>> Section 28
【Form of Transfer of Securities】Form 32(A)  >>> Section 105 + Section 51
【Return of Allotment of Shares】Form 24  >>>  Section 14 + Section 78 + Section 51
【Constitution / M&A】M&A  >>>  Constitution
【Statement of Particulars to be Lodged With Charge】Form 34  >>>  Section 352(1), 354 & 356(1)
【Certificate of Registration of Charge】Form 40  >>>  Section 357(3)
【Certificate of Registration of Satisfaction of Charge】Form 42A  >>>  Section 360(1)

 

Jan 24,2024